With all the developments at Fab.com it’s hard to imagine that it could be easily copied. Nevertheless, Fab founder Jason Goldberg discovered at least "5 fab-like companies" during his last visit to Berlin.
Deutsche Startups reported on Bamarang, Monoqi and the latest out of Germany’s clone factories. (German link).
One can only hope that all the copycats have read their Lean Startup ("How Constant Innovation Creates Radically Successful Businesses") which is currently the roadmap for Fab.com and other innovators. There Eric Reis gives a tip to all wannabe entrepreneurs:
"Startups are designed to confront situations of extreme uncertainty. To open a new business that is an exact clone of an existing business all the way down to the business model, pricing, target customer, and product may be an attractive economic investment, but it is not a startup because its success depends only on execution - so much so that this success can be modeled with high accuracy."
The German startup scene is continuing to focus on the virtues of good management whereas what is actually required is good entrepreneurship. A good read on this topic is on thoughton's thoughts ("You are too serious - Or why Germany still sucks for startups")
With the Exceed 2012 conference, Exciting Commerce wants to consciously work against the old “Germany without ideas” branding by welcoming innovative and unique e-commerce initiatives home-grown in Germany.
- The Oryx Project: Has Otto been recruiting the Samwer-Crew?
- Extras: Fab.com, Plum District, Groupon, Zappos, Marka VIP
- Exceed 2012: Where do the first 100 registrations come from?
- Exceed Conference: Who will get discounted tickets?
Originally posted in German by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.